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Nov 30, 2012
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the top 20% whose real income dropped during the obama recovery seven times more than the bottom 80%, cover and carry 60% of the tax burden. what is fair? 100%? if you took -- if republicans agreed today with president obama's suggestion to do this -- raise the money on the rich, the job creators, i call them job creators and growth creators, you call them the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days. that doesn't make any sense. plus, the president is announcing that he doesn't even want to put it towards deficit spending. he wants to do new spending, new stimulus, new infrastructure, new education. there's not one word of entitlement reform, social security reform, medicare reform. the structural debt. let me tell you what the leverage is, cornel. you want to know what the heart of the electorate is? it's the senate democrats who are elected in the last midterms and the senate democrats that were elected this time on a debt reform, spending reform, entitlement reform. those are your senate democr
the top 20% whose real income dropped during the obama recovery seven times more than the bottom 80%, cover and carry 60% of the tax burden. what is fair? 100%? if you took -- if republicans agreed today with president obama's suggestion to do this -- raise the money on the rich, the job creators, i call them job creators and growth creators, you call them the evil rich or whatever, we would be -- save enough money or raise enough revenues to run the government for eight and a half days. that...
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Dec 6, 2012
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president obama and the house speaker spoke for a short time yesterday. nobody knows exactly what they said. and president obama is going to talk to a family in virginia, sort of a deal to get -- why don't both sides go to camp david, lock themselves behind closed doors and come up with a deal? why a pr stunt, visiting voters when that's not going to get a deal done with republicans. >> i certainly would welcome that. i think most americans would. i think what the white house is doing -- and i think it's smart -- making sure that this conversation stays where it should be, with the middle class. the white house has been raising this point. they have this #my2k, explaining to republicans and the country, we can't afford for $2,000 more to hit our tax bill. it's important for the american people to stay engaged and the white house has to keep the american people engaged and this family will be speaking for a lot of people. it doesn't make any sense, even the polls show that the wealthy are willing to pay more taxes. for some reason republicans have dugged t
president obama and the house speaker spoke for a short time yesterday. nobody knows exactly what they said. and president obama is going to talk to a family in virginia, sort of a deal to get -- why don't both sides go to camp david, lock themselves behind closed doors and come up with a deal? why a pr stunt, visiting voters when that's not going to get a deal done with republicans. >> i certainly would welcome that. i think most americans would. i think what the white house is doing --...
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Dec 6, 2012
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president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to recite it it aalways called me white girl. i was never ashamed of myself until they taught me to be ashamed. >> reporter: she calls it "other" or the biracial poem. it's about being bullied by black kids. >> i remember the taunts well in to the nights. the brands of vanilla took years to fade. >> reporter: now the tough part. she has to perform it at the first spoken word poetry competition of the season. it's painful. >> i pretended. no black mother to explain how this tall white man ended up with a short chestnut skinned girl. they doubted he was ever my father. >> reporter: seven hours until show
president of the united states, barack obama. >>> the poem is called "other." it's written by a beautiful young woman. her name is neo. sadly, that word other is how people are forced to describe ethnicity because they don't fit if a certain box. she says she was too light skinned for the black kids she grew up around. teasing and taunts of childhood still haunt her today. soledad o'brien tells her story. >> it's a poem about her life. but neo jones is struggling to...
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Dec 1, 2012
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. >>> in raw politics, with the country one day closer to the fiscal cliff, president obama took his case to the public today. he used an event in pennsylvania to rachet up the pressure on republicans to freeze taxes for the middle class while allowing the tax rates on the wealthy to go up. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. that's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> in other words, the day after the white house puts its opening bid on the table, the president comes out swinging. that opening bid didn't have a whole lot of concessions in it to the republicans, and the republicans reacted as many would have predicted. they were mad. basically saying that offer was an insult. today, house speaker john boehner doubled down. >> it was not a serious proposal. and so right now, we're almost nowhere. >> that doesn't sound good. republican congressman lee terry of nebraska was just as succinct but how shall i say this? more colorful. he told the "omaha world heral
. >>> in raw politics, with the country one day closer to the fiscal cliff, president obama took his case to the public today. he used an event in pennsylvania to rachet up the pressure on republicans to freeze taxes for the middle class while allowing the tax rates on the wealthy to go up. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. that's sort of like the lump of coal you get for christmas. that's a...
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Nov 30, 2012
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visited and find out whether he's a fan of president obama's fiscal cliff plan. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a spaceship. a spaceship. and what's slow? my grandma's slow. would you like it better if she was fast? i bet she would like it if she was fast. hm, maybe give her some turbo boosters. tape a cheetah to her back. tape a cheetah to her back? seems like you have thought about this before. [ male announcer ] it's not complicated. faster is better. and the iphone 5 downloads fastest on at&t 4g. ♪ anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of go
visited and find out whether he's a fan of president obama's fiscal cliff plan. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ all kids ] faster! ok, what's fast? um, my mom's car and a cheetah. okay. a...
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Nov 29, 2012
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that is something that gives president obama a lot of clout right now. you can agree or disagree with the president's policy. that's for you to decide. congressman cole happens to disagree strongly, but at the same time he recognizes the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to fight against any rate increases. continue to try to work honestly for a much bigger deal. >> congressman cole who will join us shortly is a rock rib republican, and is no longer a lone voice in the wilderness. i'm quoting now, the fact is that republicans face a new political reality on taxes. president obama's re-election means that taxes for upper income earners are going up one way or another. the question is how republicans should handle this reality. congressman cole, as you heard and a number of other conservatives, they believe they should give this one to the president not becau
that is something that gives president obama a lot of clout right now. you can agree or disagree with the president's policy. that's for you to decide. congressman cole happens to disagree strongly, but at the same time he recognizes the political reality that all tax cuts will expire on january 1st. >> in my view, we all agree that we are not going to raise taxes on people that make less than $250,000. we should take them out of this discussion right now and continue to fight against any...
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Dec 6, 2012
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56% thought obama and democrats would. only 43% thought the republicans would. will the president not act in good faith? 38% thought president wouldn't act in good faith. 51% thought republicans wouldn't act in good faith. but if there's no deal and the country goes over that fiscal cliff, taxes go up for everyone, mandatory spending cuts go into effect, a lot of folks are going to say where was the president? he was just re-elected. why couldn't he put together a package, a deal to avoid this disaster? >> i think this is a question of political leadership. and as that poll showed, there's no doubt that the president has the political advantage going into this. but at some point, and i think we're kind of getting close to it, the president has to be able to pivot and to say how do i turn this political advantage into a real policy accomplishment? and, wolf, i don't think you're going to do that with continued campaign style events like we just saw meeting with middle class families. okay. we get that. that occurred during the campaign. the white house has clearl
56% thought obama and democrats would. only 43% thought the republicans would. will the president not act in good faith? 38% thought president wouldn't act in good faith. 51% thought republicans wouldn't act in good faith. but if there's no deal and the country goes over that fiscal cliff, taxes go up for everyone, mandatory spending cuts go into effect, a lot of folks are going to say where was the president? he was just re-elected. why couldn't he put together a package, a deal to avoid this...
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Dec 2, 2012
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benghazi and obama's second term. former hewlett-packard ceo carly fiorina. i'm candy crowley. and this is "state of the union."
benghazi and obama's second term. former hewlett-packard ceo carly fiorina. i'm candy crowley. and this is "state of the union."
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how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of democrats who voiced back before the campaign 500,000. some say even a million. all of that's going to be negotiated. the president wants 250. if mr. boehner wants to come and offer something different, i'm sure he'll do that but the president stands at 250. which is below even where i was but he won the election. >> do you think that's where the compromise is, have it at a higher rate, somewhere in there? >> i think what needs to happen is for the democrats to come forward with ideas for expenditures. because if not, what he's asking for is for speaker boehner to negotiate
how much does obama care add? what is our growth rate? you know, we don't have a plan. >> yeah. >> and we're throwing these dollar numbers around like if they were nothing. >> i spoke with james clyburn, representative clyburn last hour, about the notion of raising tax rates on the wealthy and not where the president wants them. he said i want it higher. take a listen and then talk about it. >> we know where the president is. and that is 250,000. but there are a lot of...
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Nov 29, 2012
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obama and the democrats get their way, doing the deal to avoid raising the rates and avoiding the fiscal cliff, where all tax cuts and brakes expire at the end of the year. that is an election, popular at the end of the year, certainly give president obama a lot of clout right now. you can disagree or agree with the policy. that is for you to decide. republican tom cole of oklahoma happens to disagree strongly. at the same time, he recognizes the political reality that all tax cuts will expire on january one, and no one wants to raise taxes on what would amount to 98% of all the taxpayers. >> in my view, we agree we're not going to raise taxes on people that make more than $250,000, we should just take them out of this discuss right now. continue to fight against any rate increases and continue to fight for a much bigger deal. >> congressman cole joins us, the staunchly conservative editorial page of "the wall street journal is on board now. president obama's re-election means that taxes for upper income earners are going up one way or another. the question is how republicans should hand
obama and the democrats get their way, doing the deal to avoid raising the rates and avoiding the fiscal cliff, where all tax cuts and brakes expire at the end of the year. that is an election, popular at the end of the year, certainly give president obama a lot of clout right now. you can disagree or agree with the policy. that is for you to decide. republican tom cole of oklahoma happens to disagree strongly. at the same time, he recognizes the political reality that all tax cuts will expire...
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Nov 29, 2012
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the obama's blurry account after the fact. there are plenty of unanswered questions about what went wrong. for now, most of the attention is focused on the messaging afterward. another scorching day today for one of the chief messengers, u.n. ambassador susan rice, who president obama might try to make secretary of state. a day after a rocky session with senators john mccain, lindsey graham, kelly ayotte, she met with susan collins of maine. >> i continue to be troubled by the fact that the u.n. ambassador decided to play what was essentially a political role at the height of a contentious presidential election campaign by agreeing to go on the sunday shows to present the administration's position. >> this is what she's talking about. one of several appearances ambassador rice made five days after the consulate killings. >> our current assessment is that what happened in benghazi was, in fact, initially a spontaneous reaction to what had just transpired hours before in cairo. what we think transpired in benghazi, opportunistic
the obama's blurry account after the fact. there are plenty of unanswered questions about what went wrong. for now, most of the attention is focused on the messaging afterward. another scorching day today for one of the chief messengers, u.n. ambassador susan rice, who president obama might try to make secretary of state. a day after a rocky session with senators john mccain, lindsey graham, kelly ayotte, she met with susan collins of maine. >> i continue to be troubled by the fact that...
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Dec 5, 2012
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. >>> president obama made the fess cal cliff case to business leaders today. dan lothian is at the white house. dan, he is meeting with business leaders, but there is no phone conversation that is taking place, no conversations at all taking place with boehner now. what position is the white house in? how does the president feel this is going? >> you're right about that. the white house continues to insist conversations are ongoing, but i'm hearing from gop aides that, in fact, what we're seeing in the public is exactly what's happening in the private, and that is that it's essentially a standoff. there are no phone conversations, no e-mails, no texting going back and forth, and identify been talking about this. it's very difficult to see how this process moves fashd if -- we see them bringing in business leaders to the white house, ceos, middle class americans, and they're reaching tout these ceos of the business roundtable saying his policies will help businesses. his policies will make it easier to create jobs and that he is rooting for them. at the time he
. >>> president obama made the fess cal cliff case to business leaders today. dan lothian is at the white house. dan, he is meeting with business leaders, but there is no phone conversation that is taking place, no conversations at all taking place with boehner now. what position is the white house in? how does the president feel this is going? >> you're right about that. the white house continues to insist conversations are ongoing, but i'm hearing from gop aides that, in fact,...
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Nov 29, 2012
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he met with president obama yesterday. then he went to talk with wolf blitzer who asked if he would support the president's plan of bringing the rates back up on the wealthiest americans. let's listen. >> if that's what it took to make the math work i wouldn't preclude that if the numbers drive that way. >> he says maybe a tax rate increase should be part of a deal. can't it be part of a deal? not the whole deal but part of it? >> i met with a number of the same business leaders that met with the president yesterday. we took a look at the entire picture of the spending cuts, dealing with medicare, social security. dealing with the issue of tax revenue. you need to have all of these things on the table if you're going to get a solution that sends a credible signal to the markets, not just here but around the world that we are seriously dealing with our debt. unless you focus on the big drivers which are the entitlements with it coming baby boom generation hitting social security and medicare age we can't solve the problems
he met with president obama yesterday. then he went to talk with wolf blitzer who asked if he would support the president's plan of bringing the rates back up on the wealthiest americans. let's listen. >> if that's what it took to make the math work i wouldn't preclude that if the numbers drive that way. >> he says maybe a tax rate increase should be part of a deal. can't it be part of a deal? not the whole deal but part of it? >> i met with a number of the same business...
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Dec 7, 2012
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there's the political consideration. >> here are two states went for president obama. colorado was in fact a swing state. the people of those states have spoken. for the federal government now to come in and say we want to quarterba quash your mandate, there's precedent for that. it is legal in 18 states and district of columbia. don't think even medical marijuana is exempt from possible department of justice scrutiny, a case decided by the supreme court during bush administration saying the feds can go after that, too. president obama said earlier this year we're not going to be legalizing weed any time soon. >> this case could go up to the united states supreme court as well. >> absolutely. what you started out with, this idea of states rights versus federal government prerogatives is a real clash, not even in the court are you going to get necessarily one voice. >> see what happens on this one. thanks very much. >>> the house speaker, john boehner, says the ball is in president obama's court to prevent the so-called fiscal cliff. but is he hinting at new room for co
there's the political consideration. >> here are two states went for president obama. colorado was in fact a swing state. the people of those states have spoken. for the federal government now to come in and say we want to quarterba quash your mandate, there's precedent for that. it is legal in 18 states and district of columbia. don't think even medical marijuana is exempt from possible department of justice scrutiny, a case decided by the supreme court during bush administration saying...
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she's a barack obama appointee to the court. she's presumed to be a vote in favor of same sex marriage. so it is not just sort of, well, isn't it good that it won't be 4-4. it is going to be same sex marriage supporters are breathing a huge sigh of relief that they didn't take the gill case because losing elena kagan's vote, which we don't know for sure how she will vote, but that would be a tremendous loss for the supporters of marriage equality and they, so they're very happy that kagan is in this case. >> and wasn't to take a look at a usa today poll done just this week, it was done by november 26th and 29th and apparently 53% of those questioned felt that same sex marriage should be legal. 46% said it should not be legal. 2% they were not sure, but, jeff, let me ask you a question, i don't know if i misspoke earlier, is this, you know, about equal protection and that all individuals having the same rights under the united states law? >> well, what makes this case so momentous, the proposition 8 case in particular it a simple
she's a barack obama appointee to the court. she's presumed to be a vote in favor of same sex marriage. so it is not just sort of, well, isn't it good that it won't be 4-4. it is going to be same sex marriage supporters are breathing a huge sigh of relief that they didn't take the gill case because losing elena kagan's vote, which we don't know for sure how she will vote, but that would be a tremendous loss for the supporters of marriage equality and they, so they're very happy that kagan is in...
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obama inside to greet seven very different artists. >> it's very rare to see led zeppelin songs being sung at the same time as david letterman jokes are being told, but i think it's going to be a great show. >> reporter: this will be balk dickinson's 20th kennedy honor show. he says there's imagine nick the room because there are no nominees here, no losers. all honorees have earned their place. british band led zeppelin will be here. their songs like "stairway to heaven" are as epic as their songs in the u.s. it's one kind of performance. this is another. russian-born natalia danced with the royal ballet. she performed accident occurring the kennedy center honors in 1981. now others will perform for her. >> chicago, thank you very much, i love you and will never leave. i'll leave but i'll be back. >> reporter: buddy guy got a chicago sendoff for his honors. he was born into a louisiana family and went on to win six grammy awards. honoree dustin hoffman said when he grew up, movie stars didn't look like he did. more than 50 films later he has two best actor oscars including this one f
obama inside to greet seven very different artists. >> it's very rare to see led zeppelin songs being sung at the same time as david letterman jokes are being told, but i think it's going to be a great show. >> reporter: this will be balk dickinson's 20th kennedy honor show. he says there's imagine nick the room because there are no nominees here, no losers. all honorees have earned their place. british band led zeppelin will be here. their songs like "stairway to heaven"...
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Nov 30, 2012
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again, two years ago, president obama signed and extended what i call the bush obama tax cuts. i think we need to do that, for some certainty to the economy and talk about looking at some real spending cuts, as well. >> some are criticizing this and calling it a very aggressive plan that the president has pushed forth. in public comments like the one we heard from boehner, reid, both sides taking really hard stances. but some insiders saying that a deal is within reach and much of it is for show now. new jersey democratic congressman rob andrews told politico this. there's the public choreography, then there is the real choreography. it may be something you alluded to. to reach a deal it has to look like there was a lot of fighting before the deal was reached. what's your response to that? do you think that there is a lot of grandstanding going on here? and we're actually going to make the deadline that the president suggested, which is before christmas? >> there's always a lot of grandstanding in washington on both sides. this is my first term in congress. i think mosts americ
again, two years ago, president obama signed and extended what i call the bush obama tax cuts. i think we need to do that, for some certainty to the economy and talk about looking at some real spending cuts, as well. >> some are criticizing this and calling it a very aggressive plan that the president has pushed forth. in public comments like the one we heard from boehner, reid, both sides taking really hard stances. but some insiders saying that a deal is within reach and much of it is...
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Dec 4, 2012
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president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no way at all, and beyond that while they might have some agreement on other issues, those remain the sticking points. i did hear from an administration official a short time ago who told me no update whatsoever when i asked whether or not there would be some counteroffer, i guess, the counteroffer from republicans. so that remains the big sticking point, and it appears that until there's some movement on that, there really won't be an agreement. >> and before you go, i understand speaker boehner and the president were at a holiday reception and, well, what happened? >> well, you know, as you know what happens every year
president obama put out his plan. the republicans rejected it. the republicans put out a plan yesterday, and the president rejected it. what should we make of this? >> reporter: well, right now it shows at least publicly both sides are fully entrenched in not wanting to budge on some very specific issues. the president wanting taxes to go up on wealthy americans, those extension only for middle class americans. republicans saying no way at all, and beyond that while they might have some...
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president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt companies. if you don't know what the fiscal cliff is, you've probably been living under a rock. i found this explanation. this is mr. burns from the simpsons. >> think of the economy as a car and the rich man is the driver. if you don't give the driver all the money, he'll drive you over a cliff. it is just -- >> what actually will happen if america does head toward that fiscal cliff? and go over it even temporarily? cnn money's jean zahadi has been on this story from the very beginning. here is the question at hand. a lot of people are saying, what happe
president obama insists that's a nonstarter. he shared his message with rich folks at the business round table. he told them they could handle paying more in taxes. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in any way that will affect your spending, your lifestyles, or the economy in any significant way. >> business round table is a lobby group made up of some of the country's biggest ceos, ceos of some of the country's bigg gt...
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president obama proposed $316 billion in additional savings. and you can do hundreds of billions in savings. so absolutely. >> a lot of liberals in your party will vote against it if there's any significant cut in the entitlement spending. >> we know that there are savings that can be found in medicare and medicaid. but what we have to make sure of is that a priority in any deal, you don't balance this first on the backs of the middle class. you have to make sure we have significant spending cuts, balance with an increase in rates. we can do tax reform also, but in order to get the certainly the middle class needs, we have to make sure that revenue is part of the package. >> i want to play a clip of the president from bloomberg tv today suggesting do a modest deal now, punt and do a bigger deal next year. listen. >> we're not going to be able to come up with a comprehensive tax reform package that gets it all done just in the next two weeks. we're not going to be able to come up with necessarily a comprehensive entitlement reform package in the
president obama proposed $316 billion in additional savings. and you can do hundreds of billions in savings. so absolutely. >> a lot of liberals in your party will vote against it if there's any significant cut in the entitlement spending. >> we know that there are savings that can be found in medicare and medicaid. but what we have to make sure of is that a priority in any deal, you don't balance this first on the backs of the middle class. you have to make sure we have significant...
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president obama won the issue. how can republicans oppose cutting taxes for 98% of the american people? that's what this is going to come down to if it goes beyond january 1st. and i think republicans are going to cave again if that happens. so the smart move is take taxes off the table. and then the only thing left is what will the president do on spending and entitlements. don't forget, wolf and paul, none of this tax talk has any impact on the sequester. unless they cut spending, we are still facing massive cuts to the pentagon, doctors and hospitals. taxes are a separate debate. solve it, settle it and then we can focus on spending before december 31st. >> hold your fire, paul. we're going to continue this conversation. we have more to talk about. should president obama back off plans to nominate susan rice, for example, as the next secretary of state? who are his other options? are republicans secretly plotting for one of their own? more with ari and paul when we come back. can i help you? i heard you guys can
president obama won the issue. how can republicans oppose cutting taxes for 98% of the american people? that's what this is going to come down to if it goes beyond january 1st. and i think republicans are going to cave again if that happens. so the smart move is take taxes off the table. and then the only thing left is what will the president do on spending and entitlements. don't forget, wolf and paul, none of this tax talk has any impact on the sequester. unless they cut spending, we are...
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it's remained loyal through all these obama years. and there's lots of pressure on her -- i think some of james and his colleagues might believe that she would somehow lessen the primary opportunities. but woman or man, whatever, what i've noticed in politics is that people are competitive. and i don't think she clears out the primary if she gets in. >> let's move on to this whole debate that's going on involving who the president should nominate to be the next secretary of state replacing hillary clinton. a little exchange between john mccain and john kerry earlier today. watch this. >> senator mccain? >> thank you very much, mr. secretary. >> i think thank you very much, mr. president. this is what happens when you get two losers up here. we're just having fun. >> so here's the serious question, though, i'll start, james, with you, once again. who do you think would be a better secretary of state? would it be john kerry, the chairman of the senate foreign relations committee, or susan rice, the u.s. ambassador to the united nations?
it's remained loyal through all these obama years. and there's lots of pressure on her -- i think some of james and his colleagues might believe that she would somehow lessen the primary opportunities. but woman or man, whatever, what i've noticed in politics is that people are competitive. and i don't think she clears out the primary if she gets in. >> let's move on to this whole debate that's going on involving who the president should nominate to be the next secretary of state...
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president obama is meeting with mitt romney later today. do you have any idea what they plan to discuss? >> you know, there's a lot of speculation about governor romney playing a role in the administration. but the president himself, during his victory speech after he was re-elected talked about wanting to sit down with mitt romney to talk about ways of moving the country forward. during his post re-election news conference, the president was asked about what roles he could play or if -- what the president hoped to gain from him. the president talked about how mitt romney did a good job with the olympics, and he thought in turning around the olympics, some of that could be used to streamline government and make it more user friendly. that's what we expect for the president to be discussing with mitt romney when they sit down today for lunch at the white house. of course everyone is speculating about some possible role he could play in this white house. it's interesting because it's a very high-profile bipartisan showing from the president t
president obama is meeting with mitt romney later today. do you have any idea what they plan to discuss? >> you know, there's a lot of speculation about governor romney playing a role in the administration. but the president himself, during his victory speech after he was re-elected talked about wanting to sit down with mitt romney to talk about ways of moving the country forward. during his post re-election news conference, the president was asked about what roles he could play or if --...
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president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases next year. 97% of small businesses don't see an increase in taxes next year. and by doing that alone, we raise almost a trillion dollars. >> let's bring in our chief political analyst right now, the president also had a specific warning for members of congress, the republicans on the issue of raising the debt ceiling. listen to this. >> if congress in anyway suggests they're going to tie negotiations to debt ceiling votes, and take us to the brink of default once again as part of a budget negotiation, which by the way we have never done in our history u
president obama isn't negotiating like we just heard. he's negotiating to raise the tax rates on the rich as a downpayment on a larger deal to come later as far as taxes are concerned and medicare is concerned. >> let's allow higher rates to go up for the top two percent, that includes all of you, yes. but not in anyway that's going to affect your spending, your lifestyles or the economy in any significant way. let's make sure that 98% of americans don't see a single dime in tax increases...
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Nov 30, 2012
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under the obama plan, these percentages would tick up this much. so this is what he's pushing for against those other losses to the middle class, which republicans are talking about as well. the bottom line though is and this is something everyone's going to have to bear in mind, no matter how this turns out, an awful lot of economists say even if you do this, that doesn't mean everyone else will ultimately be off the hook, because there's still a revenue problem in this government right now. and over time there's a lot of hints that somehow those people in the middle class we talked about a moment ago are going to be nibbled at too even if the fiscal cliff is taken care of, joe. >> tom foreman, thank you for that. >>> there's a new controversy dogging the embattled u.s. ambassador to the united nati s nations. susan rice has been under republican fire for weeks on the attack at the u.s. consulate in benghazi. now questions are being raised about one of her investments and a possible conflict should she be tapped to replace hillary clinton. mar mar
under the obama plan, these percentages would tick up this much. so this is what he's pushing for against those other losses to the middle class, which republicans are talking about as well. the bottom line though is and this is something everyone's going to have to bear in mind, no matter how this turns out, an awful lot of economists say even if you do this, that doesn't mean everyone else will ultimately be off the hook, because there's still a revenue problem in this government right now....
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look, the obama administration has said they might cut up to $400 billion out of medicare. i think this is going to get done, but i think they'll wait until the last minute to make sure each side looks tough. >> what's fascinating to me very quickly, when i hear both sides of the argument and the sticking appointments where they're digging in, there's logic on both sides, but who are the dealmakers who are really pulling this together? because sometimes when i listen to some of the political folks, i'm not so sure they are the ones that are sort of moving all the pieces. very quickly, jason, ron, who do you think it is? >> i think the players on tv, you know, obviously the president's going to be part of it, speaker boehner will be part of it, but eric cantor, vice president biden, there are a number of -- senator mitch mcconnell, the minority leader, harry reid. these are the big players but, you know, there are also ones too, like senator chuck schumer. there are a number of big players here that will be involved. but do you know what, they can try to manage the negotiati
look, the obama administration has said they might cut up to $400 billion out of medicare. i think this is going to get done, but i think they'll wait until the last minute to make sure each side looks tough. >> what's fascinating to me very quickly, when i hear both sides of the argument and the sticking appointments where they're digging in, there's logic on both sides, but who are the dealmakers who are really pulling this together? because sometimes when i listen to some of the...
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obama asked mr. romney to play an important role going forward, even the president has acknowledged romney's skill in making things, like the olympics, run better. but the track record for post election pow wows is not exactly good. after the 2008 election, mccain and obama met and vowed to work together on economic issues and look at them now. they're not exactly best buds. just say the word benghazi, and ooh, watch the sparks fly. still, it could be a win-win for both men. for obama, a chance to show a bipartisan spirit, and for romney, a chance to rehabilitate his image after being excoriated by both democrats and republicans for saying americans who voted for obama wanted free stuff. so the "talk back" question today. what should come of the obama-romney lunch i don't know. facebook.com/carolcnn. your comments later this hour. s. ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investin
obama asked mr. romney to play an important role going forward, even the president has acknowledged romney's skill in making things, like the olympics, run better. but the track record for post election pow wows is not exactly good. after the 2008 election, mccain and obama met and vowed to work together on economic issues and look at them now. they're not exactly best buds. just say the word benghazi, and ooh, watch the sparks fly. still, it could be a win-win for both men. for obama, a chance...
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Dec 7, 2012
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revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies. one says we're spending too much. the other saying we're not spending enough. that's hurting our economy. obviously, the last four years have been more focused on the spending. we continue to pile up more and more debt, we've crossed 100% of debt to gdp. >> but you're line of thinking, the tax side, so we end up spending more thanks to democrats and the country is going to a worst place. >> the context is really important on this. in 2003 when tax rates were brought down. and then in 2010, we were still in a bad place, the president and democrats said the economy's weak, we can't raise taxing on a
revenue has gone up every year of the obama administration and now, we're at historic highs. the same as we were five years ago. the difference is, our spending has increased a trillion dollars. >> yeah, but a lot of that spending is things to help the economy. it's the payroll tax cut extension, which your party supported. it's extending unemployment benefits. it's things like that. t the war. >> that's going to be the challenge of the whole perspective. we've got two philosophies....
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revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective right now. we have two philosophies. one is saying we're spending too much and the other is saying we don't spend enough. obviously the last four years are spending more to stimulate. i'm not sure if that will work long-term. we've crossed 100% of debt to gdp. i don't think that gets better as you get higher. >> the only thing that confuses me about it, i feel like in a situation where all you do is keep cutting taxes and have a revenue problem, right? you give a tax cut to the middle class you don't want it to take it away from them. you keep giving out things p and you never take them back. >> well, that
revenue has gone up every single year in the obama administration, and now we're at historic highs. the difference is our spending increased a trillion dollars from five years ago, but the revenue is the same. >> a lot of that spending is things to help the economy, right? it's the payroll tax cut extension, which your party supported, right? it's extending unemployment benefits and things like that. it's the war. >> right. that's going to be the challenge of the whole perspective...
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president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless but guess what, not homeless. city officials say jeffrey hillman does have stable housing, an parm in the bronx. they say he's lived there rent-free for the past three years. but hillman regularly panhandles in times square. >> a former boy scout who says he was sexually abused is suing is the boy scouts of america. the lawsuit claims his former troop leader, thomas hacker was barred from the group in indiana in the 1970s but was able to rejoin as a volunteer in illinois in the 1980s. hacker was arrested in 1988, later convicted in the aggravated sexual assault of an
president obama playing fiscal cliff hardball this morning. he's telling republicans he will not agree to a deal that doesn't include a tax hike on the wealthiest americans, hardening his position on this. he'll be meeting with business leaders today. >>> later this morning, speaker john boehner meets with fellow house republicans. sources tell cnn gop leaders are looking for a way out. >> it turns out the barefoot recipient of boots by a new york city police officer was shoeless...
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. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president said the first lady told him to make his remarks brief because she wanted to hear music. ♪ you better watch out ♪ you better not shout i'm telling you why ♪ ♪ santa claus is coming to town ♪ ♪ he's making a list and he's checking it twice ♪ ♪ he's going to find out who is naughty or nice ♪ >> they were celebrates in d.c. just hours from now the november jobs report comes out and it's expected to be messy between holiday hiring and the aftermalgt of sandy, some analysts say no matter what it shows no one should read much into it. with the holidays upon us how are businesses finding ways to keep jobs and their doors are open while others fail. tom forman went looking for answers in new york. >> amid the bustle of broadway, against the bad economy and the crushing competition at the strand the show goes on. it started more than 80 years ago. this independent bookstore has beaten the odds surviving the great depression, world war ii and fred bass,
. >>> president obama and his family celebrated the annual christmas tree lighting near the white house tonight. the president said the first lady told him to make his remarks brief because she wanted to hear music. ♪ you better watch out ♪ you better not shout i'm telling you why ♪ ♪ santa claus is coming to town ♪ ♪ he's making a list and he's checking it twice ♪ ♪ he's going to find out who is naughty or nice ♪ >> they were celebrates in d.c. just hours from...
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that is bo obama, looking rather cool as he makes tou
that is bo obama, looking rather cool as he makes tou